Wall Street CMBS loans offer excellent financing for all types of multi-tenant investment properties. Available nationwide with lender par pricing.
For properties with current vacancies you can use the income as soon as the lease is signed. You can also leverage up using preferred equity if you need to.
Most loans are 10-year notes with non-recourse terms. Multiple properties in different location can be blanketed into one loan. Interest rates are currently in the mid 4's. Medium credit requirements are considered on a case by case basis. You can build in earn-outs if the cash flow works (8-9% current debt yield on most property types).
Since it's founding in June of 1998 Gomberg Financial Services has originated over 450 commercial loans.
If you would like more information on any of our commercial loan programs, please contact our office 781-631-7929